001-48_126_RENEW_SEPT-OCT26_PT - Flipbook - Page 15
CRITICAL INFRASTRUCTURE: THE BACKBONE OF
PROSPEROUS COMMUNITIES
50% of public infrastructure assets across Ontario’s
municipalities are estimated to be in a state of disrepair.
Resolving this infrastructure deficit requires sustained,
predictable investment that comits to infrastructure renewal.
Implementing early tender calls would provide greater
certainty and accelerate project delivery that to help close the
infrastructure gap.
Benefits of ensuring that public infrastructure is
maintained in a state of good repair over its life cycle:
improves safety and cost-effectiveness
for every $1 billion in infrastructure spending,
GDP is boosted by additional $1.14 billion
reduces the costs associated with municipal
infrastructure over the long-term
Long-term transformational infrastructure
investment creates the conditions for future
growth and prosperity.
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SEPTEMBER/OCTOBER 2026 – RENEW CANADA 15
